Brief: Lite Access Awarded Contract From CityFibre Valued At About CAD$20 Million

Ironman International

21/04/2020 13:38

April 21 (Reuters) - Lite Access Technologies Inc  LTE.V :
    * LITE ACCESS AWARDED CONTRACT FROM CITYFIBRE VALUED AT
APPROXIMATELY CAD$20 MILLION FOR FIBRE ROLLOUT IN CAMBRIDGE,
ENGLAND; PROVIDES OPERATIONAL UPDATE
    * LITE ACCESS TECHNOLOGIES INC - HAS NO DEBT AND IS WELL
FINANCED
    * LITE ACCESS TECHNOLOGIES INC - DON'T EXPECT THAT ANY
CAPITAL
EXPENDITURE FOR ADDITIONAL EQUIPMENT WILL BE REQUIRED TO FULFILL
CITYFIBRE CONTRACT
    * LITE ACCESS TECHNOLOGIES INC -  PROJECTS IN LOWESTOFT AND
BURY
ST EDMUNDS CONTINUE TO MOVE FORWARD
    * LITE ACCESS TECHNOLOGIES INC -  THERE HAVE BEEN NO
SIGNIFICANT
DELAYS OR SITE SHUTDOWNS ON UK OPERATIONS

Source text for Eikon:  ID:nCNWxPfmza 
Further company coverage:  LTE.V 

 ((Reuters.Briefs@thomsonreuters.com;))